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Our Impact

Making Patient Care Affordable in Pharmacies, Hospitals and Clinics

Across the country in our pharmacies, hospitals and clinics generic medicines are dispensed to fill more than 70% of all prescriptions in Canada and cost less than 20% of the money we spend annually on prescription medicines.

Some of the most prescribed generic medicines are priced at a 90% discount off the price of the brand-name drug. That means we can treat up to 10 patients for the cost of treating one patient with the brand-name version. Every day in Canada, an average of 1.5 million prescriptions are dispensed using generic medicines.

Contribution to our Provincial Healthcare Systems

Savings from 1% Increase in Use of Generics*

Province
Private sector
Public sector
Total
British Columbia
$ 31.6 M
$ 21.4 M
$ 53.0 M
Alberta
$ 35.3 M
$ 29.2 M
$ 64.5 M
Saskatchewan
$ 10.4 M
$ 9.9 M
$ 20.3 M
Manitoba
$ 10.6 M
$ 9.5 M
$ 20.1 M
Ontario
$ 152.1 M
$ 114.3 M
$ 266.4 M
Quebec
$ 124.5 M
$ 101.8 M
$ 226.3 M
New Brunswick
$ 14.0 M
$ 6.5 M
$ 20.5 M
Nova Scotia
$ 12.7 M
$ 7.4 M
$ 20.1 M
Prince Edward Island
$ 1.6 M
$ 8.0 M
$ 2.4 M
Newfoundland Labrador
$ 6.7 M
$ 3.4 M
$ 10.1 M
Canada
$ 399.5 M
$304.2 M
$ 703.7 M
* millions of dollars

Source : IQVIA, 12 months ending December 2020